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> That's borrowing money. I get that's it's a bit different that what GP said, but isn't that also a viable solution for the problem of "not enough money right
by kbenson 5y ago
> That's borrowing money.
I get that's it's a bit different that what GP said, but isn't that also a viable solution for the problem of "not enough money right now to pay wages but in a few months there will be so wait for then." ? Borrow money, pay wages on time, when that lump of money comes in that would allow the paying of back pay, use it to pay off loan (or set it aside to pay off portions as they come due).
- Ericson2314 5y agoThe EU has terrible economics baked into their constitution about governments taking on debt too -- fiscal and monetary policy are both constrained. This should be close enough to chump-change that I am skeptical that's what's going on, but I cannot rule it out either.